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this bill would have increased the deficit. if you can run a deficit to go to war, you can run a deficit to take care of the people who fought in it. joining me is the chair of the senate committee on affairs, the senator from vermont. they said the multi-billion dollar bills face to make necessary reforms. what do you say to that? >> i say they're dead wrong and so does virtually every veterans organization in the country representing millions of veterans. chris, what i have learned since i've been chairman of the veterans committee is the cost of war is much deeper and more significant than i think most people know. we're talking about hundreds of thousands of young men and women coming back from iraq and afghanistan with ptsd and tbi. we're talking about 2,300 of you're soldiers who suffered wounds so that they're unable too have babies. we're talking in terms of older veterans, you have women, wives staying home taking care of disabled vets, 24 hours a day, seven days a week who get virtually no kinds of support from the federal government. you're talking about young people who were
. at the same time bush gave huge tax breaks to the wealthiest people in this country. ran up a huge deficit. then under obama the republicans come back. they say, gee, we have a terrible deficit. we're going to have to cut social security, medicare, medicaid, education, environmental protection. the needs of the kids' nutrition programs because of this deficit. so if you are asking me, do i this i that same set of policies will play out? more money for defense, then rising deficits and then cutbacks on programs that middle class and working families need? absolutely, that is what will happen. >> what is going to happen to these veterans, now, senator, if they're not going to get this kind of funding. there are a lot of veterans in this country that are being undercut, that are not being -- our obligation, we are not living up to our obligations because of war and budget cuts. so what does that say to the next generation thinking of a career in the military? >> that's a very important point. it says if we cannot keep faith with those people really hurting as a result of service to this count
speaker john boehner, and if you look at the deficit, it's been cut by more than half in 2009, the fastest deficit decline over a sustained period since world war ii, so would you acknowledge some progress is being made? >> yeah, i think it's a great point. if you look at the numbers, looks like quite a bit of progress has been made and the deficit has come down very quickly. that, of course, comes after a large rampup in the deficit where it grew by 800% before those four years, and i think more troubling is if you look at the nation's debt, where our debt levels are twice as large as they've been historically and are at historic highs and that's where the trouble is. while we've done a lot of deficit reduction, we've done it in the wrong way. we've focused on, i think, inadvertently through congress not being able to pick our policies on short-term measures that came out of the budget, which isn't where the problem is. what we should be doing is trying to replace those savings that came from the sequester that aren't as useful or long-term with more permanent and structural changes to en
the deficit? because we all know nothing animates the republican party more than reducing the deficit. what's that you say? oh, it would increase the deficit by $74 billion over 10 years. impossible. of course, this bill is not going to become law. it is very instructive as a reminder that any actual commitment to legislating our complex business an teen health insurance regime will help create disruptions. the republican strategy to kill obama care has been to point to the disruptions it has created and it may create and say the end of the world is nye. if they ever got around to implementing their own plan, that would have its own disruptions. this friday, house majority leader eric cantor will meet with leaders to work on putting together what will be billed as the house republican alternative to obama care. here's my prediction. he could come out of that meeting with two dozen alternatives, but the republican party will actually get behind exactly none of them. not in any real way. that would mean grappling with the reality of reforming health care, and not just throwing stones from the
budget cuts through the 2011 deficit-driven tea party threat to default on the debt. and now chuck hagel is carrying those out and folks like senator rubio and other colleagues are saying we don't like the thing we made you do under the threat of default. >> there is no democrat that causes them more trouble than what 2ed cruz causes them. they don't have a majority in the senate, the republicans don't, because of ted cruz and his ilk who have been pushing these candidates who can't possibly win when they get the nomination. the democrats have to secretly be watching this and whatever, you know, personal dislike they have for cruz, they have to sit there in the senate and go we are so lucky that ted cruz is just ruining life for republicans in the senate. >> oh, yeah. democrats absolutely feel he's been a huge thorn in the side. he's a messaging nightmare. and when it comes to senate parliamentary procedure, which is something you and i happen to have the benefit of knowing a little bit about. he's also a liar. and it makes republicans look really bad. there is such a thing as a real fil
said she was disappointed that it doesn't take any steps to reduce the deficit by raising taxes on upper income americans and senator schumer who is from new york which is one of the highest state taxes in the country took issue with the fact that it eliminates the ability of state and local taxation which is a big thing in california, new york and other high tax states. so they're picking it apart in a way that suggests they're not interested in engaging on it or using it as a starting point. i would like to see them do it just to see where they get. i don't think it would happen, but i think it would be fascinating and it's a real opportunity that sthey shouldn' write-off. >> and on the democrat being side, this proposal includes a bank tax. there are a numb democrchmber o eliminates the so-called carry interest about thatthis proposa tax. there are a number of -- and eliminates the so-called carry interest about that a up 1/2 democrat would be uncomfortable with that as well. >> including schumer. >> exactly. >> earlier brian said something about troll going and i feel they h
popular. you took a state a lot of people felt was ungovernable, chiefly because of the budget deficit, and now there's a surplus. is there a national leadership lesson that california provided? >> well, you've got to be tough on spending. no matter how liberal you want to be, at the end of the day, fiscal discipline is the fundamental predicate of a free society and you just have to maintain that. secondly, you do have to find a way to create a governing consensus or coalition. in california, we do have a majority democratic party. and we don't have any constitutional blocking points like the 60-vote requirement in the senate or the division of parties in the house between the house and the senate. >> it is interesting, isn't it, is there a lesson for president obama no matter how liberal you are, you said, here the president's about to present a budget where he's saying look, the deficits are coming down for now. we've got to spend more. we're only going to get the economy going in a meaningful way if we spend more on infrastructure and the like. >> yeah, spend more but in the framew
. at a time when our deficits are falling at the fastest rate in 60 years we have to decide if we're going to keep squeezing the middle class or reduce deficits responsibly while taking steps to grow the middle class. >> that was president obama outlining his $4 trillion budget for 2015 setting the stage for another budget fight. it calls for growing are the tax expansion. the president says he's paying for all of this by closing loopholes, one of which is wall street's favorite loophole which allows hedge fund managers to count their investments as income instead of capital gains. many think it faces a long road because of republicans in the house. to walk us through the budget battle, jimmy williams, an opinion writer for u.s. news.com and an msnbc contributor. how are you? >> how are you, hello. >> i want to start with one of the more important things which is that child care tax credit. this is big for people. when you look at the numbers from the white house, you're talking about well over 1.5 million people effected, $600 for a lot of folks with children under five years old. my view
not a wit of care to the working and unemployed. they talk about obsessions with deficits and debt. and then they refuse to raise revenue in any form or fashion. >> advertisement reform with the chained cpi last year. they don't back him when he is trying to do what they say they want to do. >> they predicate their position on ignorance. and nobody actually calling them out. i mean, the sound that you played at the beginning of this segment, that's the -- that's all you need to know about the republican party. on the one hand, on the other hand. and in the meantime, if you ever ask them for a meaningful piece of policy, of governable policy, they have nothing. >> you know the guy's running around a big arena, trying to get to the farthest right. well, they always want to be the hardest rail to the right. take a look at lindsey graham here, who seems oftentimes a reasonable guy, but he is so scared of looking reasonable because it will get him killed in south carolina. on twitter he wrote today, isn't it original? it started with benghazi. when you kill americans and nobody pays a p
their skill deficits up. there comes a point where i suspect that's where the viewer is. the business gets to a sign where you're not personally going to work with these people. and i'd say be very clear of what the must haves are and what do on the jobs. get three people do the interview. but move away from hiring with your gut. that's a point that all good companies. that's tough for another move, but it's vital for it. >> and how do you keep yourself because the need is so great that bring people in the office and just put, you know, people in seats to keep yourself from hiring people who aren't right simply because you need them. >> sure. that's something that we've actually just experienced. we've gone through signature growth. there are a couple of tips, i would say. one is that you can compromise on everything almost shared values. you can sometimes be blinded by one person because they're a wonderful speaker but generally someone else won't have your blind spot. so that's critical. another thing that's been successful for us it working with people in contract bases to start up. par
to meet option on the right. address income inequality and further reduce the national deficit. the president's sixth budget will also provide more resources and money toward climate change initiatives and regulating wall street. >> our budget is about choices. it's about our values. as a country we've got to make a decision if we're going to protect tax breaks for the wealthiest americans or make smart investments necessary to create jobs and grow our economy and expand opportunity for every american. >> john boehner calls the president's budget his most irresponsible budget yet. while paul ryan gets on the record saying, quote, this budget isn't a serious document. it's a campaign brochure. >>> over marriage equality, governor steve basheer plans to hire outside counsel. hours earlier, it was an emotional attorney general, jack conway, refusing. he said the appeal this ruling would just be defending discrimination. >> in the end, this issue is really larger than any single person. it's about placing people over politics. for those who disagree, i can only say that i'm doing w
of the country's crimea region. >> ukraine is the crown jewel. >> this is most seriously the biggest deficit of our lives since the cold war ended. >> pressure is on the mid-west to do something. >> this will get worse before it gets better. >> you got to believe it's over. >> we have to be in this for the long haul. >> it's now unclear just what the west can do about it. >> john kerry arrived in ukraine tomorrow. >> putin is not going to back off this without some real effort to make a verdict. >> a full blown cold war like showdown. >> we dropped 20 degrees since midnight. >> the cold war chess game in the ukraine continues today. by a look at it, we are a long way from check mate. they have seized the crimea union with 6,000 ground and naval forces in the region. the tensions worsened when ukraine's acting president accused russia of executing the military standoff and blocking ukrainian navy vessels. ukraine's new government claims russia issued an ultimatum for forces to surrender within an hour or face an armed assault. russia denies these assaults. the state department said today if t
about saving money all the time and being concerned with deficits and being totally driven by that but not being concerned in saving money when people are in jail for marijuana and mandatory minimums that judges have said were awful and for nonviolent first time offenders serving lifetime sentences in jail costing us $30,000 a year. >> comcast is running this ad in new jersey where medical marijuana is legal. >> yo, you want sushi? i got sushi. i got tuna, salmon, sweet shrimp. i got the finest this area has seen in years. >> you wouldn't buy your sushi from this guy so why would you buy your marijuana from him? >> did i mention that it's national pancake day. marijuana, pancakes, sushi. >>> benjamin netanyahu stirred up controversial and joining me to talk, comedian and "daily beast" columnist and friend of the show, dean ovadala. let's start with pot. marijuana has been huge this year and the pot jokes are a gold mine, i'm sure, for your profession as a political comedian. >> on some level it is but i think we've jumped the shark on pot. when pat robertson came out in fro
's ever proposed for, not for reducing deficit but more domestic spending. we've had huge spending increases, so those are such nonstarters, i don't see how you get common ground. granted, we're living under another budget agreement for now. but it's clear he's moving farther to the left to try and -- for those reasons and he's not trying to move to the middle. >> congressman, you said that three times, he's moved to the left, it's a nonstarter. does that mean i can't ask you about closing loopholes or -- >> yeah, sure, go ahead. >> are there any ways in which you all could maybe come to something and end up with one or two or three of these things and get some of the things that you want? >> yeah, so we just -- our chairman of the ways and means committee, dave camp, put out a specific discussion draft of tax reform, which does just that. it closes loopholes. instead of using the money for spending which increases the deficit -- he has $1.8 trillion in tax increases, half goes for spending. we're saying take the loophole closures and use it to lower tax rates to grow the economy.
knows babies are sponges. they just soak that up. a 30 million-word deficit is hard to make up. and if a black or latino kid isn't ready for kindergarten, he'd half as likely to finish middle school with strong academic and social skills. so by giving more of our kids access to high-quality early education and by helping parents get the tools they need to help their children succeed, we can give more kids a shot at the career they're capable of and a life that will make us all better off nap's point number one right at the beginning. point number two, if a child can't read well by the time he's in third grade he's four times less likely to graduate from high school by age 19 than one who can. and if he happens to be poor, he's six times less likely to graduate. so by boosting reading levels we can help more of our kids make the grade. keep on advancing. reach that day so many parents dream of until it comes close and then you start tearing up and that's when they're walking across the stage holding that high school diploma. number three, we know that latino kids are almost twic
the biggest deficit of our lives since the cold war ended. >> pressure is on the mid-west to do something. >> this will get worse before it gets better. >> you got to believe it's over. >> we have to be in this for the long haul. >> it's now unclear just what the west can do about it. >> john kerry arrived in ukraine tomorrow. >> putin is not going to back off this w
to the deficit. >> house budget chairman paul ryan already come out swinging against the plan. yet another disappointment and added the president has three years left in his administration and seems determined to do nothing about our fiscal challenges. that's paul ryan. this budget isn't a serious document he says. will this budget proposal help flagging republican opinion of president obama's track record. we turn now to financeer and former treasury official and cnbc economic analyst steve radener. thank you for being here. >> thanks for having me. >> i wanted to start out with your gut reactions to this. is it the expanded credit for low income workers? >> this is a policy statement of what he believes should happen in the budget, more spending on things like the earned income tax credit which is today's headline but also things like infrastructure and pressing needs. he wanted to put out what he believes in and indeed what the democrats believe in in advance of mid-term elections. >> you have a background in private equity yourself and roll with a crowd of people most affected by the c
a lot of money, in part, due to the sequester, and it's led to lowering and lowering the deficit. if you put that in the context of what the budget proposal suggests, it's only a modest increase in spend, talking about 56 billion, like you mentioned, split between defense, nondefense, and it's paid for. we established that the budget agreed to by patty murray and paul ryan, those spending levels stay in place, and you'll use a few other tax hike is to par for $56 billion to relieve s sequestrati sequestration. we have a piece coming up that shows nih will be funded at 30.2 billion. that, in real term money, equivalent to the level that george w. bush funded nih in 2002. we're not making people whole. we're lagging pretty badly. but as if you were to look at what republicans are saying, this is the most reckless spending possible. >> sam, on that note, the president say, our budge it is about choices, about values and this is expected to go nowhere, it's a moral document in the most sort of clear fashion from the white house. at the same time, you know, the president puts this out there a
that get talked about was the significance reduction in the deficit that comes from passing the farm bill. and i wish we could do immigration because there is another $58 billion to be saved it if we were to pass the immigration bill. so all of these bills are not just bills to deal with an apparent problem, but also have tremendous positive impact on our economy and senator reid is correct, if he could get that money, we've already passed the farm bill, so that money is there and it could be used to offset whatever the costs would be to unemployment. though i don't believe you ought to do that. this is an emergency. you ought to treat it as an emergency and not worry about finding a way to pay for it at this particular jupncture. >> dent partment of health and human services has told americans if they like their health insurance, they can keep it another two years. affordable care act compliance is being changed, be extended. doesn't this cut to the spirit of the what you and break it dolaw and break it down is this one rope we passed health care is to get standards in the insurance indu
a surplus when he finished his presidency that was turned into a record deficit by the republican president that succeeded him, so we are looking forward to having surrogates like president clinton and others stump for our candidates all across the country, and this week at the dnc meeting, we're going to be making sure that we can continue to focus on continuing our progress and helping to add value to elect democrats up and down the ballot. >> yeah. it is an interesting balance, as i mention, president clinton doing the stumping, hillary clinton doing a foreign policy event, she is down in florida today. these are not midterm stumping events. they've found a division of labor within the family for now. dnc chair debbie wasserman shultz, thanks for your time today. >> thanks, ari. >>> coming up, two years ago tonight, a story we all remember, trayvon martin was shot and killed. a tragedy that sparked a national conversation. we're going to talk about that case and the implications that continue to shape a lot of policy discussions. >>> but first, before we get to that, we have here today a
mentioned his work on repairing the state's budget and job creation. brown turned 25 billion dollar deficit in 2011 into a surplus this year. his approval rating is at an all-time high at 58%. the state's open primary is in june. >>> on the cover of "people" magazine, paula deen is opening up about her scandal last summer. in the interview she says i feel like embattled and disgraced will always follow my name. it's like that black football player who recently came out. he said i just want to be known as a football player. i don't want to be known as a gay football player. i know exactly what he's saying. deen is referring to nfl prospect michael sam. i just don't think this works! i think maybe she ought to try something else, joe. what do you think? i'm wondering if perhaps she might want to just stay away from talking. >> i think she really should. it's like that. >> talking thing is not working for her. >> it doesn't work. >> it's like that black football player? >> black football player as opposed to one of the white football player. it's like that black football player. >> she started
's advocate here. the country has a massive deficit. we need the money. so why should the country continue to subsidize the most profitable industry, rather. this this is according to sage works. oil and gas, the energy industry, most profitable. >> well, alex, and i would ask, you know, why should they subsidize the oil industry. and the fact is, they don't. percentage depletion is not a subsidy. it's not a loophole. and that's the thing that's perplexing to me. why, if it's not broken, don't fix it. i would challenge those who would say that to take a look at percentage depletion. it's not a subsidy. it's not a loophole. so i would agree with them on that point. >> okay. back to the politics of all this. this is the latest in a string of policies that have fractured the gop. who is in charge of the party? >> well, i think any time a majority party is outside of the white house, and you could have said the same thing during the bush years with the democrats. you know, there's just a lot of discussion, a lot of chatter out there. if you're in the minority. but the fact is, i think even rep
Search Results 0 to 27 of about 28 (some duplicates have been removed)